1 January 2024 false No description of principal activity Taxfiler 2024.6 07506624business:PrivateLimitedCompanyLtd2024-01-012024-12-31 075066242023-12-31 07506624business:EntityNoLongerTradingButTradedInPast2024-01-012024-12-31 075066242024-01-012024-12-31 07506624business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 07506624business:FilletedAccounts2024-01-012024-12-31 075066242024-12-31 07506624business:Director12024-01-012024-12-31 07506624business:RegisteredOffice2024-01-012024-12-31 075066242023-12-31 07506624core:WithinOneYear2024-12-31 07506624core:WithinOneYear2023-12-31 07506624core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 07506624core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07506624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 07506624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07506624core:PreviouslyStatedAmount2024-12-31 07506624core:PreviouslyStatedAmount2023-12-31 07506624business:SmallEntities2024-01-012024-12-31 07506624countries:EnglandWales2024-01-012024-12-31 07506624core:LandBuildings2024-01-012024-12-31 07506624core:PlantMachinery2024-01-012024-12-31 07506624core:MotorVehicles2024-01-012024-12-31 07506624core:FurnitureFittings2024-01-012024-12-31 07506624core:ComputerEquipment2024-01-012024-12-31 07506624core:PlantMachinery2023-12-31 07506624core:MotorVehicles2023-12-31 07506624core:FurnitureFittings2023-12-31 07506624core:ComputerEquipment2023-12-31 07506624core:PlantMachinery2024-12-31 07506624core:MotorVehicles2024-12-31 07506624core:FurnitureFittings2024-12-31 07506624core:ComputerEquipment2024-12-31 07506624business:OrdinaryShareClass12024-01-012024-12-31 07506624business:OrdinaryShareClass12023-01-012023-12-31 075066242023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07506624 (England and Wales)
CHESTER TYRES LTD Unaudited accounts for the year ended 31 December 2024
CHESTER TYRES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CHESTER TYRES LTD Company Information for the year ended 31 December 2024
Director
RAFAL BOCZEK
Company Number
07506624 (England and Wales)
Registered Office
30 BUMPERS LANE, SEALAND INDUSTRIAL ESTA CHESTER CH1 4LT
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CHESTER TYRES LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
119,636 
140,063 
Current assets
Cash at bank and in hand
28,085 
18,623 
Creditors: amounts falling due within one year
5
(83,245)
(105,447)
Net current liabilities
(55,160)
(86,824)
Net assets
64,476 
53,239 
Capital and reserves
Called up share capital
6
100 
100 
Profit and loss account
64,376 
53,139 
Shareholders' funds
64,476 
53,239 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 June 2025 and were signed on its behalf by
RAFAL BOCZEK Director Company Registration No. 07506624
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CHESTER TYRES LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CHESTER TYRES LTD is a private company, limited by shares, registered in England and Wales, registration number 07506624. The registered office is 30 BUMPERS LANE, SEALAND INDUSTRIAL ESTA, CHESTER, CH1 4LT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following method: Reducing Balance
Land & buildings
N/A
Plant & machinery
10% - 20%
Motor vehicles
20%
Fixtures & fittings
15% - 20%
Computer equipment
33%
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
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CHESTER TYRES LTD Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
83,962 
142,495 
- 
1,690 
228,147 
Additions
6,393 
- 
1,192 
- 
7,585 
At 31 December 2024
90,355 
142,495 
1,192 
1,690 
235,732 
Depreciation
At 1 January 2024
43,391 
43,003 
- 
1,690 
88,084 
Charge for the year
8,114 
19,898 
- 
- 
28,012 
At 31 December 2024
51,505 
62,901 
- 
1,690 
116,096 
Net book value
At 31 December 2024
38,850 
79,594 
1,192 
- 
119,636 
At 31 December 2023
40,571 
99,492 
- 
- 
140,063 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
21,782 
20,369 
Obligations under finance leases and hire purchase contracts
31,166 
54,542 
Trade creditors
8,027 
17,059 
Taxes and social security
17,130 
9,207 
Other creditors
5,140 
4,270 
83,245 
105,447 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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